On Friday, Coterra Energy Inc (NYSE: CTRA) opened lower -5.06% from the last session, before settling in for the closing price of $23.92. Price fluctuations for CTRA have ranged from $22.30 to $28.90 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 48.71%. Company’s average yearly earnings per share was noted -26.45% at the time writing. With a float of $725.83 million, this company’s outstanding shares have now reached $751.00 million.
Considering the fact that the conglomerate employs 894 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.14%, operating margin of 32.34%, and the pretax margin is 36.2%.
Coterra Energy Inc (CTRA) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Coterra Energy Inc is 1.82%, while institutional ownership is 89.42%. The most recent insider transaction that took place on Mar 20 ’24, was worth 1,488,300. In this transaction Vice Pres & CAO of this company sold 55,000 shares at a rate of $27.06, taking the stock ownership to the 176,758 shares. Before that another transaction happened on Mar 01 ’24, when Company’s VP – Business Units sold 14,000 for $26.06, making the entire transaction worth $364,840. This insider now owns 93,988 shares in total.
Coterra Energy Inc (CTRA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -26.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.03% during the next five years compared to 11.36% growth over the previous five years of trading.
Coterra Energy Inc (NYSE: CTRA) Trading Performance Indicators
Check out the current performance indicators for Coterra Energy Inc (CTRA). In the past quarter, the stock posted a quick ratio of 1.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.94. Likewise, its price to free cash flow for the trailing twelve months is 14.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 2.44 in one year’s time.
Technical Analysis of Coterra Energy Inc (CTRA)
Compared to the last year’s volume of 6.23 million, its volume of 7.21 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 47.07%. Additionally, its Average True Range was 0.58.
During the past 100 days, Coterra Energy Inc’s (CTRA) raw stochastic average was set at 6.54%, which indicates a significant increase from 5.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.64% in the past 14 days, which was higher than the 22.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.79, while its 200-day Moving Average is $25.82. Nevertheless, the first resistance level for the watch stands at $23.77 in the near term. At $24.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.42. If the price goes on to break the first support level at $22.12, it is likely to go to the next support level at $21.54. Now, if the price goes above the second support level, the third support stands at $20.47.
Coterra Energy Inc (NYSE: CTRA) Key Stats
There are currently 739,274K shares outstanding in the company with a market cap of 15.94 billion. Presently, the company’s annual sales total 5,914 M according to its annual income of 1,625 M. Last quarter, the company’s sales amounted to 1,271 M and its income totaled 220,000 K.
